1884 DestinationGrimes, IA 50111

Property Details for 1884 Destination

Year built

2020

Construction

FRAME

Lot size

1.21 AC

Property size (Sq ft)

12,107 SF

Property type

Retail properties

Property subtype

Strip malls

APN

311/00390-001-023

APU

31100390001023

• CAP approach

  CAP return

  Valuation

  6%

  $3,102,766

  6.5%

  $2,864,092

  7%

  $2,659,514

• Comparable approach

  Method

  Valuation

  Method 1

  $1,557,212

  Method 2

  $1,557,212

• Alternative Use

  Use

  Valuation

  Residential

  $2,415,968

  Hospitality

  $2,213,014

  Educational

  $1,841,202

  Medical

  $1,904,524

  Retail

  $2,864,092

Location Insight

City

Grimes

County

Polk

State

Iowa

Latitude

41.6736

Longitude

-93.7708

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $1,328,000
• Assessed land value
  $222,000
• Assessed value
  $1,550,000
• Tax year
  2023

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